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Sri Lanka’s 10 rupee notes are going out of circulation following the Central Bank’s (CB) decision to stop printing this lower denomination currency replacing it with 10 rupee coins, officials said..
Sri Lanka’s food inflation reached 25.7% in February, driven by higher global commodity prices and supply issues and analysts believe the moves by the government and central bank could have a ...
COLOMBO, Sri Lanka — Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign ...
Sri Lanka’s rupee is projected to remain on a ‘very comfortable terrain’ in the coming years, with the gross foreign exchange reserves standing to top the US $ 12 billion mark before the ...
Workers' remittances, a major source of foreign exchange in Sri Lanka, dropped to a 10-year low at $5.49 billion in 2021, central bank data showed on Friday, as the country's trade deficit widened ...
Sri Lanka's central bank earlier this week said it was fixing the upper limit on the rupee at 230 to the dollar, effectively devaluing it by almost 15%. read more Sign up here.
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